Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Trustmark National Bank Franchise Business Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Grow Biz International Franchise

Borrowing money to purchase a Grow Biz International franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.

Grow Biz International franchise loans are available to Jackson, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Trustmark National Bank, based in Jackson, Mississippi, issued an SBA franchise loan for a Grow Biz International franchise in 2000. We've got all the details on this Mississippi small business loan.

SBA Loan Borrower

MUSIC GO ROUND
JACKSON, MS 39213

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

451140 - Musical Instrument and Supplies Stores

Loan Approval Date

10/12/2000

Loan Approval Gross Amount

$20,200

Loan Approval from the SBA

Of the total $20,200 loan amount, the SBA guaranteed $10,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Grow Biz International franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help create 10 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Role of Business Plan When Raising Money

SBA 7A Banks in Jackson, Mississippi

SBA Participating Banks in Mississippi